An agricultural trader, also known as an agri trader or commodity trader, specializes in the buying and selling of agricultural products such as grains, livestock, and other commodities. Below is a detailed job description for an agri trader:
Position : Agri Commodity Trader
Location: Dubai
Salary : As per Industry Standards
Job Title:
Job Summary:
The Agricultural Trader is responsible for managing the purchase and sale of agricultural commodities, developing relationships with suppliers and buyers, analyzing market trends, and ensuring profitable trading activities. This role requires a deep understanding of the agricultural markets, strong analytical skills, and the ability to make informed decisions under pressure.
Key Responsibilities:
- Trading Activities:
- Execute purchase and sale transactions of agricultural commodities.
- Monitor market trends and prices to make informed trading decisions.
- Negotiate contracts with suppliers and buyers to secure favorable terms.
- Market Analysis:
- Conduct market research to identify trends, opportunities, and risks.
- Analyze supply and demand factors impacting commodity prices.
- Keep abreast of global economic indicators, weather patterns, and policy changes affecting the agricultural sector.
- Relationship Management:
- Build and maintain strong relationships with farmers, suppliers, buyers, and other stakeholders.
- Develop a network of contacts within the agricultural industry.
- Provide excellent customer service to ensure long-term partnerships.
- Risk Management:
- Implement risk management strategies to mitigate potential losses.
- Monitor and manage exposure to market volatility.
- Use financial instruments such as futures, options, and hedging to protect trading positions.
- Compliance and Documentation:
- Ensure compliance with all relevant regulations and industry standards.
- Maintain accurate records of all trading activities and transactions.
- Prepare reports and documentation for internal and external stakeholders.
- Financial Management:
- Monitor and manage the financial performance of trading activities.
- Develop and manage budgets for trading operations.
- Work closely with the finance team to ensure accurate accounting and reporting.
Qualifications:
- Education:
- Bachelor’s degree in Agriculture, Economics, Business, Finance, or a related field.
- Experience:
- Proven experience in commodity trading, preferably in the agricultural sector.
- Experience with market analysis and risk management.
- Skills:
- Strong analytical and decision-making skills.
- Excellent negotiation and communication abilities.
- Ability to work under pressure and manage multiple priorities.
- Proficiency in trading software and tools.
- Knowledge of financial instruments and risk management techniques.
Personal Attributes:
- High level of integrity and ethical standards.
- Strong attention to detail and accuracy.
- Ability to work independently and as part of a team.
- Proactive and self-motivated.
Working Conditions:
- May require travel to meet with suppliers, buyers, and attend industry events.
- Work environment can be fast-paced and high-stress.
- Requires flexibility in working hours to monitor global markets.
Please share cv on hr5@elitehrsolutions.in